Avis Budget Group, Inc.
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CAR - Setting up strong for a test of HTF supply zone

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CAR dug deep to the $80 demand range to subsequently make the push toward strong HTF resistance at the $120 range.

Right now looking for LTF demand zones to add to my long position to catch this push up.

Current entries are looking at $105.50 & $102 for a strong reaction

Happy Trading :)
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As I discussed in this video, we are seeing a pullback into known demand to gather further buyers for the push up to HTF supply at $120-$140.
Yesterday we dipped into the $100 zone and are potentially going to see a further grab at the $97 level if recent LTF demand turns resistance.
The deeper we go, the stronger of a reaction I'd like to see with improved volume

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